2014 Lexus RX 350 Lease Questions

You can also research local dealer inventory and pricing, reviews, features, and specifications on Edmunds 2015 Lexus RX 350 page.

To see all forums discussions about the Lexus RX 350, including earlier model years, please visit our list of Lexus RX 350 discussions.

Navigation tips: To see the most recent information and activity, make sure to visit the latest post, which may be a few pages ahead. Click the pages numbers just below to go to a new page in the discussion -- or search the entire discussion by clicking the magnifying glass icon and entering keywords.

We also invite you to share your purchase experience on Edmunds Facebook page, Share Your Story.

I thought it was a pretty good deal, but given no one at the dealership was frowning when i drove it off the lot, i'm sure they made plenty. LOL I posted this info on the prices paid forum as well, but hopefully it helps you out here.

Actually just ran the numbers again. Looks like I got a $46,375 Sale price on this. Plus a $50 bonus on the free customized plates (because of the frustration at the dealership, too much to describe here.)

That is the only way I can see my monthly becoming $494.75.

Seems like a great deal to me, would love to hear comments in case I made a mistake somewhere!

I am planning to lease in late July (after I turned in my current leased vehicle to Mercedes) and do hope there'll be good incentives at that time. It will be my first leasing experience with Lexus... can't wait ;-)

I would like to lease an RX350 -- new on both fronts, Leasing and RX. Appreciate any help.
1. to be eligible to write off business expense do I need to buy on the company name or on my name ok?
2. what's the best price deals in Houston area?

I did lease last day of december for 20014 MSRP $47,415 agreed value of the vehicle is $47,944 RX350 AWD, no navi, 33 months, 10,000 mile for $600. 65% Residual.
Looks like $600 is too much for this vehicle. Is 65% correct residual value for this vehicle? If not, is there any way make correction now?

Looking for feedback on the lowest lease payment for a AWD with the lowest Nav package. The current Lexus RX350 lease deal is $399 for 27mos/10K based on MSRP of $46,915 with $3,999 down. Was wondering what the MF and Residual is with this offer and if there is a similar deal for a longer term and higher mileage (36mos/12K) and if there is generally still room for negotiation on the MSRP or is this a rock bottom deal for the lowest level option package?

Factory sponsored deals usually leave a little meat on the bone, but a lot of Lexus dealers aren't real receptive to bargain shoppers. It might take some work and competition. I don't have the 36 month numbers, but it should still be a comparable program.

Hoping someone can give me an idea of whether this is a reasonable deal. Trying to negotiate a lease from out of state for my mother. Supposed to sign this tomorrow. Would very much appreciate any insight.

@bkmstr1 said:
Hoping someone can give me an idea of whether this is a reasonable deal. Trying to negotiate a lease from out of state for my mother. Supposed to sign this tomorrow. Would very much appreciate any insight.

Boy... that's kind of hard to follow. I'm not sure why the money factor for the One-Pay would affect the CAP cost, though.

At an MSRP of $57,665 and a residual of 59% (to approximate your reduced residual) and a CAP cost of $59,209... .and the One-Pay money factor of .0005, I get a payment of $1096/mo. X 24 = $26,300 (or so). That puts me within $100 of your number, so that's pretty close.

The only thing is? I show the base money factor for the RX 450h as .00090, not .00150. So, it looks like they are jacking up your money factor, before giving you the discount for One-Pay... A $2100 discount and a jacked up money factor doesn't sound like a great deal. If the discount for One-Pay is .00100, they could still take a slight mark-up to .00110 and your money factor would be .00010, which would lower the One-Pay amount by about $900.

I don't really have a comment on your trade-in, that's a whole nother ball of wax.

Geez.. $1000+ per month is a lot, even for all those miles.. Maybe your Mom needs to find a boyfriend closer to home? (just kidding.. but, $1000/mo. is a lot!!!)

Thank you kyfdx@Edmunds. So I assume you are saying the standard factor that Lexus uses on all of their leases is .00090. I think I will ask the dealership why they appear to be using a higher factor than the standard one. I agree, ridiculous amount to pay for a vehicle for 2 years, but cant talk her out of it.

I already made the $3000 pmt and picking up the car in a little bit, just wanted to make sure I didn't shoot myself in the leg. Even if I did, can I get the money back ? ( I asses basically the dealer absorbed the negative equity on the trade-in by giving me about $5000 d/c on the new lease.)

That negative equity doesn't disappear. The $5K discount would be available, even if you weren't upside down on your trade.

I can understand the desire to get into a new car that's under warranty (and, new!), for about the same payment as you have now.. But, you are paying that $5250 off, spread over the next 36 months.. Wondering how you got $5250 upside down to begin with? Serial car trader? lol

One warning.. If you are taking the 10K/yr lease to keep the payment down, make sure you can live with that mileage restriction.... Or, in 3 years you could be paying a big bill for excess mileage charges.. and, you'll be back to where you started.

@skistud07 said:
Can I please get the February numbers for a 2014 rx350 awd, 15k/yr, 27, 33, and 36 months. I'm getting high quotes from dealers that I'm just not willing to pay(upstate NY) Thanks in advance

.00090 MF and 66% for 27mo, 15K/yr lease

I'm sorry, but I don't have the residuals for the other terms, though the money factor would be the same.